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We don’t have iTunes, and we don’t have Spotify,” he says, comparing today’s virtual worlds to the early-2000s music-sharing platform and its successors. ONE Sotheby’s just introduced they may build a digital replica of a real-world property in The Sandbox, with ownership crossing over. Animoca Brands, the company behind The Sandbox, just lately reported it’s now worth $5 billion, up from a valuation just over $2 billion in 2021. “One of the things that’s so exciting and engaging concerning the metaverse is it’s all about cocreation, right?

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